Cash for clunkers, what a waste.

It's already biting everyone in the a**. Government giveaway? No such thing as a free lunch. Even those who haven't taken part in it are paying for it. $3B invested with 54% going into foreign manufactured, the Chinese are scrambling to buy the scrap metal and the American people are going into further debt over it... Home foreclosures are through the roof, peoples credit ratings are in the basement. How are these cars being put on the road? Anyone guessing that the dealerships and the banks are tweaking loans to boost sales? I betting that this time next year the big story in the news will be car repossessions...